$1,627 Closing Credit*
$137,000
1,208 SqFt
2 Beds
•1 Full Bath, 1 Partial
Steve Burgess, Listing Office: Cutler Real Estate
Is Rootstown, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Rootstown was a Seller's Market.
Key Takeaway
Rootstown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rootstown, OH
How much do homes in Rootstown, OH cost?
Median Sold Price
$201,233
$163/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$117,483(-36.9%)
Key Takeaway
Homes in Rootstown have sold for 36.9% less than they did a month ago.
Summary: The median home sold price in Rootstown was $201,233 in September 2024, down 36.9% from last month, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | - | N/A |
| 3 Bedrooms | $385K | $201.2K | -47.7% |
| 4 Bedrooms | $318.7K | - | N/A |
| 5+ Bedrooms | $380K | - | N/A |
Summary: Rootstown housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 47.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Edinburg Township | $205K | $314.9K | +53.6% |
| Rootstown | $318.7K | $201.2K | -36.9% |
Housing Supply in Rootstown, OH
How many homes are available in Rootstown, OH?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Summary: The Rootstown real estate market had 19 homes for sale in September 2024, a 17.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Rootstown housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rootstown, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Rootstown in September 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Rootstown, OH
How long does it take to sell a home in Rootstown, OH?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 29 Days | 15 Days | -49.5% |
Summary: Homes in Rootstown had an average of 15 days on market in Sep 2024, down by 49.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rootstown are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Rootstown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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